Economists Before the 1940s Were Most Likely to Call a Rise

question 61

Multiple Choice

Economists before the 1940s were most likely to call a rise in asset prices an inflation as long as it is accompanied by an increase in:

• A)the money supply.
• B)GDP.
• C)goods inflation.
• D)a price index.

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Definitions:

Statement

A declarative sentence that is capable of being true or false.

Grass

Plants belonging to the family Gramineae that are common worldwide in varied habitats and used for lawns, food, and fodder.

Proposition

A statement or assertion expressing a judgment or opinion that can be either true or false.

Playoffs

A series of games or matches to determine a championship or a team's ranking at the end of a league season.